Whoever said wishes don’t come true hasn’t explored our offers!
  • Two Wheeler Loan Interest Rates

     4.5 / 5.0   by 2141 users
    Used this product? Write a review >>

    Fees & Charges

    Promised Interest Rate

    Plan Benefits

    Policy Coverage

    Customer Service

    Claim Experience

    Responsiveness

    With mounting costs of public transport and increasing traffic, owning a vehicle of your own has become more of a necessity than extravagance. When compared to cars, a two-wheeler is easier to maintain and consumes less fuel. If you are worried about the unexpected expenses that you will incur if you purchase a motorbike, applying for a two-wheeler loan is the best thing to do. With lot of leading banks in India offering two wheeler loans, you can not only get the vehicle of your dreams in no time but also pay back the loan without any financial stress through easy instalments. Along with that, you will be able to get hold of a lot of two-wheeler loan offers which will help you save a good amount on the interest outgo.

    Before applying for a two-wheeler loan, you must always discuss about the prevailing interest rates with your banker and check your affordability. Since the interest rates can make or break your loan deal, always pay attention to the minute details about the rate of interest.

    Current Two Wheeler Loan Interest Rates

    Given below are the current interest rates for two wheeler loans offered by the leading Indian banks and financiers:

    Two Wheeler Loan Interest Rates by Banks
    Name of Bank Loan Scheme Two-Wheeler Interest Rates
    State Bank of India Super Bike Loan Scheme 1 year MCLR (7.95%) + 3.65% = 11.60% p.a.  
    SBI Two-Wheeler Loan 1 year MCLR (7.95%) + 9.25% = 17.20% p.a.  
    HDFC Bank Super Bike Two wheeler Loan APR: 8.61% to 17.13% IRR: 8.60% to 14.65%
    Two wheeler Loan APR:10.55% to 34.08% Note- Up to December 2017 IRR:10.50% to 28.41% Note-Up to December 2017
    Saurashtra Gramin Bank Saurashtra Two-wheeler Loan Repayment Period up to 3 Years 15%  
    Repayment Period up above 3 Years, up to 5 years 16%
    Bank of Baroda Bank of Baroda’s Two-Wheeler Loan One year MCLR (6.45%) + Strategic Premium + 4.00%  
    Punjab National Bank PNB Vehicle Loans In which monthly income is being paid via concerned branch and/or under check off facility < 3 years 1 Year MCLR + 3.25%= 11.4% p.a.
    >= 3 years 1 Year MCLR + 3.75%= 11.90% p.a.
    For every other loan including business concerns < 3 years 1 Year MCLR + 4.25%= 4.12% p.a.
    >= 3 years 1 Year MCLR + 4.75%= 12.90% p.a.
    PNB Power Ride Up to 36 months 1 Year MCLR + 1.75%= 9.90% p.a.
    Andhra Bank Andhra Loans for Two-Wheelers For loan term up to 36 months 1 Year MCLR (8.40%) + 1.95%=10.35% p.a.  
    For loan term above 36 months 1 Year MCLR (8.40%) + 1.95% + 0.25%= 10.60% p.a.  
    Bajaj Fin Serv Customers are segregated into three bands, namely,   The best possible interest rate is offered to the customers on the basis of the bank’s pre-fixed loan parameters.
    High >30%
    Medium 27% to 30%
    Low <27%
    L & T Finance   L & T Two-Wheeler Finance Starts from 10.75% p.a. The actual rate varies on the basis of the profile and credit worthiness of the borrower
    UCO Bank UCO Two-Wheeler Loan Scheme For General category 1 Year MCLR (8.45%) = + 4.40%= 12.85% p.a.  
    Accounts with full liquid collateral security (1.00% interest rebate) 1 Year MCLR (8.45%) + 3.40%= 11.85% p.a.
    Accounts with 50% liquid collateral security (0.50% interest rebate) 1 Year MCLR (8.45%) + 3.90%= 12.35% p.a.
    Syndicate Bank Syndvahan Two Wheeler Loan 1 Year MCLR (8.45%) +2.10% =10.55% p.a.  
    Vijaya Bank V-Wheels 2 Wheeler Loan 1 Year MCLR (8.50%) + 3.15% =11.65% p.a.  
    V-Combo (Special vehicle loan for home loan customers) 1 Year MCLR (8.50%) + 0.65% =9.15% p.a.
    Allahabad Bank AB Mobike Loan Scheme 1 Year MCLR (8.45%) +3.25%= 11.70% p.a.  
    Oriental Bank of Commerce Oriental Vehicle Loan Scheme for General Public Up to 36 months BR + 0.50% = 10.20% (Floating) 0.25% concession on the interest rate for loyal customers, group of employees and home loan borrowers
    Up to 84 months BR + 0.75% = 10.45% (Floating)
    Shriram City Union Finance Shriram Two-Wheeler Loans Interest Rate will be offered at the lender’s discretion on the basis of the loan scheme opted by the borrower  
    Bank of India BOI Star Vehicle Loan for 2 Wheelers including Super Bikes) 1 Year MCLR (8.30%) + 0.60%= 8.90% p.a. Note- Festive offer valid up to 31.03.2018
    Punjab & Sind Bank Two-Wheeler Vehicle Loan One Year MCLR (8.40%) + 2.00% = 10.40% Note- Festive Bonanza Scheme valid up to 31.03.2018
    Lakshmi Vilas Bank Lakshmi Personal Vehicle Loan 1 Year MCLR (9.15%) + 3.10% =12.25% p.a.  
    Nainital Bank Suhana Safar Loan Scheme For Tenure 1 Year MCLR 1 Year MCLR (8.35%) + 0.70%= 9.05% p.a. Special concession is offered under Festive Offer
    For Tenure 2 Years MCLR 2 Year MCLR (8.65%) + 0.40%= 9.05% p.a.
    For Tenure above 2 Years MCLR Above 2 Year MCLR (9.00%) + 0.25%= 9.25% p.a.
    City Union Bank CUB Easy Ride 3 Year MCLR + 4.80%= 14.50%  
    State Bank of Mysore Up to 5 years 1 Year MCLR + 6.55% = 16.05%  
    State Bank of Travancore Rs.50000 and below 13.85% p.a.  
    Above Rs.50000 12.85% p.a.
    State Bank of Patiala Floating Rate of Interest 1 Year MCLR + 6.25% = 15.75% p.a.  
    Fixed  Rate of Interest 1 Year MCLR + 6.50% = 16.00% p.a.
    Corporation Bank Corp Vehicle Two Wheeler Loan 1 Year MCLR (8.65%) + 3.60%= 12.25% p.a.  
    Central Bank of India Cent Vehicle Loan Floating 1 Year MCLR (8.30) + 0.40%= 8.70% p.a.  
    Fixed Rate (Repayment within 36 months) 1 Year MCLR (8.30) + 0.40%= 8.70% p.a.

    Perfect Personal Loan Deals for you

    Two Wheeler Loan Interest Rates in India

    The rate of interest of two-wheeler loans differs from banks to banks. The rate is not the same with two different lenders as every lender has their own pre-fixed parameters based on which the final rate is determined. The interest rates are usually floating and linked to the MCLR (Marginal Cost of Funds Based Lending Rate). Because a two-wheeler is a depreciating asset, the interest rates are generally higher when compared to other loan products.

    Usually, the two-wheeler loan interest rates in India range between 8% to 18% depending on the bank, the loan amount, type and model of the vehicle, loan scheme, repayment tenure, applicant's net income and employment type, source of income and credit history. The loan rates may also depend on the type of the loan applied for. Typically, banks offer two-wheeler loans in secured and unsecured form. While the interest rate charged on a secured loan is relatively lesser, an unsecured loan comes with higher interest rate.

    Features and Benefits of Two Wheeler Loans

    Two-wheeler loans come with a hoard of features and benefits and this is why these are highly preferred by the users. Some of the vital features and benefits of the two-wheeler loans offered in India are listed below:

    • With most of the banks offering loans up to 90% of the on-road price of the vehicle, you can purchase any brand new two-wheeler without giving any second thoughts.
    • Burning up all your savings to purchase a two-wheeler is a risky option. Instead, avail a two-wheeler loan to relieve you of the financial burden. As an added advantage, you can also plan your budget effectively and pay back the loan in affordable EMIs.
    • Two-wheeler loans usually cover the cost of insurance, accessories and registration.
    • To get more out of your two-wheeler loan, check for loan partnership options with your automobile dealer.
    • Two-wheeler loan requires minimal documentation and is offered for all sections of people and all class of customers.
    • The income criteria is also lenient and most of the banks offer motorbike loans for people with an annual income of Rs.50, 000.
    • There is either no prepayment penalty or a nominal foreclosure charge for paying off the two-wheeler loan ahead of the tenure.
    • Most of the banks also offer flexible repayment options which will enable the customer to choose a comfortable tenure.

    Two-Wheeler Loan Miscellaneous Charges

    Apart from the interest rate the borrower also has to pay several associated charges and fees while availing a two-wheeler loan. Since, these extra charges add to the loan-related expenses, these are vital aspects that a borrower needs to consider while applying for a loan. The commonly applied charges that usually come along with the loan are as follows:

    • Processing charge: The processing fee is a mandatory amount that the borrowers are required to pay at the time of loan application. This fee is charged by the banks for processing the loan request and it is expressed as a percentage of the total loan amount. It usually ranges from 0.50% to 5% of the loan amount which account to minimum Rs.600 to maximum Rs.5000.
    • Foreclosure fee: Banks charge an amount of money on prepayment or foreclosure of the two-wheeler loan before the end of the loan tenure. This is the process of paying a part of the loan or closing it before time. However, the foreclosure charges for two-wheeler loan is relatively lower, even certain banks don't charge any amount for pre-payment of such loans.
    • Late payment fee: In case the borrower default on paying the monthly instalments of the two-wheeler loan on time, the banks or lenders charge a penalty in the form of late payment fee. This fee needs to be paid on time along with the due amount to avoid any further consequences.
    • Other charges: Besides these, the banks or financial lenders levy several other charges on a two-wheeler loan as per own their lending policies. Some of the miscellaneous fees that the borrowers of two-wheeler loans usually have to pay are issuance charges for copy of loan report and credit report, administrative charges, etc.

    Types of Two-wheeler Loan and Interest Benefits

    As told earlier, banks and other financial organisations provide two different types of two-wheeler loans depending on the security required to avail the loan. Here are the details of the types of two-wheeler loans that a borrower can apply for:

    • Secured two-wheeler loans- Secured two-wheeler loans are those which are offered against a security or a collateral. While taking this type of loan, the borrower needs to offer an asset as a collateral whose value is equivalent to the value of the loan. This collateral acts as a security against the loan and on the basis of this security the bank offers the loan. The main advantage of this two-wheeler loan variant is that it is available at a lower interest rate compared to the other variant as it minimises the risk of the lender in case of defaults. Since this loan comes with low-risk factor, it is easily available and you can get it without hassles.
    • Unsecured two-wheeler loans- Unsecured two-wheeler loans are completely different from the secured ones as they don't require any asset as security. The borrowers can get this variant just by fulfilling the basic eligibility criteria mandated by the lender. Hence, it makes an ideal solution for borrowers who don’t have any asset to pledge against the loan. However, as this loan doesn't require any security, the risk associated with it is more and this is why the interest rate of an unsecured two-wheeler loan is comparatively higher than that of a secured one. In other words, this loan doesn’t offer much interest benefit to the borrowers.

    Factors that Impact Two-wheeler Loan Interest Rate

    The interest rate is a vital aspect of a two-wheeler loan and the borrower needs to consider and compare the interest rates of various banks before zeroing their search on any particular loan product. But before you start your search for a suitable loan with low-interest rates, you should know about the various factors that play a significant role in deciding the interest rate of the loans. Here are some of the vital ones:

    • Type of vehicle- The rate of interest of a two-wheeler loan largely depends on the type of the vehicle that the borrower is planning to buy. Whether the customer intends to purchase a moped, a scooter, a motorcycle or a high-performance two-wheeler, he or she needs to pay varied interest rates as the rate varies for each of these two-wheeler categories.
    • Employment Type of Applicant:  The employment nature of the applicant usually have a significant impact on the rate of interest that is offered by the banks. As they consider a salaried individual to be a more credible borrower compared to a self-employed individual, the interest rate charged for the salaried borrowers is lesser than the rate offered to the self-employed individuals.
    • Range of Income- As the applicant’s income range determines his/her ability to repay the loan in the form of EMIs every month, it greatly affects the interest rate that he/she is offered with. While an applicant with higher income range is usually offered a low-interest rate, an individual having relatively lower income gets loan with higher interest.

    How to Compare Two Wheeler Loan Interest Rates?

    With so many two-wheeler loans on offer, it often becomes difficult for the customers to find out the best one which will give them significant benefit. These given tips will help you to compare the loans efficiently and zero your search on the most profitable one:

    • Before deciding on a two-wheeler loan product, carefully analyse all the features that it has to offer. Consider the product only if you find the majority of the features matching with your requirements.
    • Check if the interest rates for two-wheeler loan with regards to a particular bank is floating or fixed. Also, use a two-wheeler loan EMI calculator to decide your loan affordability.
    • In a two-wheeler loan EMI calculator, all you have to enter is the loan amount, tenure and the interest rates. The calculator will project the monthly EMI along with the repayment schedule which will help you decide if the loan on that interest rate is affordable.
    • Compare different two-wheeler loan products and check whether features like nil-foreclosure charges, insurance and high quantum are offered or not. Also, make sure to compare the interest rates for two-wheeler loans using a third-party comparison website.

    You May Like To Read : Two Wheeler Insurance.

    Two-Wheeler Loan Eligibility and Documentation

    Eligibility- In India, most of the banks offer two-wheeler loans to people within the age group of 18 to 65. The applicant can be a student, a salaried profession or a self-employed customer. Select banks also offer specialized two-wheeler loan products for agriculturists. The income criteria for two-wheeler loans depend on the type of loan and is at the discretion of bank.

    Documents - The applicants have to submit an ID proof and a proof of address. Income documents like bank account statements, salary slips, income tax return statements and certificate of employment are also required. Agriculturists and self-employed individuals have to submit relevant supporting documents to avail a loan for two-wheeler.

    Since the interest rate of your two-wheeler loan will determine the final amount that you have to pay every month as a part of the loan repayment procedure, you should take a calculative decision. Shop around, compare all the available loan products and offered interest rate well before opting for a two-wheeler loan product.

    Products you might be Interested

    News about Two Wheeler Loan

    • Ducati Unveiled Limited-Edition Monster 1200 25° Anniversario

      On the occasion of its 25th anniversary, Ducati is planning to launch a limited-edition motorcycle of the Monster brand - Monster 1200 25° Anniversario. The bike sports numerous exclusive features such as carbon-fibre bits and mechanicals similar to the top-spec model of Monster 1200 R, machined components, etc. Additionally, the visor of the bike will also feature a special colour scheme with the 3 colours from the Italian flag inspired from the 2008 Monster S4RS Testastretta Tricolore. Sporting a gold-coloured frame along with golden forged Marchesini wheels with W-shaped spokes, the 25° Anniversario will be powered by a 1,198cc, liquid-cooled, L-twin engine that is capable of generating 147 hp of maximum power and 124 Nm of peak torque. Equipped with a 48mm, fully-adjustable Öhlins fork and monoshock suspension, the braking duties of the motorcycle is handled by dual 330mm discs coupled with a Brembo M50 monobloc calliper in the front end, and a 245mm disc at the rear end. The 25° Anniversario also features Öhlins steering damper along with solid aluminium mirrors, petrol cap, and handlebar-end weights. Available in 3 riding modes - Touring, Urban, and Sport, this bike carries state-of-the-art electronic components such as an Inertial Measurement Unit (IMU) to feeds data to the ABS Bosch Cornering and Ducati Wheelie Control (DWC) systems. Other electronic aids of the motorcycle include Ducati Quick Shift Up and Down (DQS) and Ducati Traction Control (DTC).

      20 July 2018

    • Suzuki Expected to Launch New Electric Two-Wheeler By 2020

      Although Maruti Suzuki made an announcement a few months ago that it will be releasing its first electric two-wheeler in India come 2020, it has now revealed that Suzuki Motorcycle India, the company’s Indian two-wheeler subsidiary, is also expected to launch its very first electric motorcycle and scooter with it. Narendra Modi, the Prime Minister of India, recently met Osamu Suzuki, the chairman of Suzuki, and had discussions regarding the potential to invest a large amount of money in the local production of electric vehicles. Toshiba and Denso, along with Suzuki, have made commitments to invest around Rs.1,700 crore for a battery production facility in the state of Gujarat. A team of five individuals has been set up by the company, and this team will take responsibility for charting the electric vehicle route in India.

      18 July 2018

    • Two UM Adventure Bikes Soon to Make Way to the Indian Market

      Since smaller displacement motorcycles have been gaining popularity in India, UM Motorcycles among other renowned two-wheeler manufacturing companies have decided to launch their product offerings in the coming months looking to tap this market. Two dual-sport bikes of UM Motorcycles have already been spotted in the country - the Hypersport and the DSR. While the bikes are already available in international markets with differing displacements, they are expect to feature a 223cc engine when they are introduced in the country. Additionally, the motorcycles might also witness a couple of tweaks to lower the costs so that they are suited for the Indian market.

      While both the bikes are expected to sport monoshock suspension in the rear, disc brakes on both ends, and ABS, the company might make some changes in the suspension system, mirrors, and seat keeping in mind the Indian roads and riders. As per the company, the road-biased UM Hypersport is capable of generating 16 hp at 7,500 rpm and 17.69 Nm at 5,500 rpm. On the other hand, the off-road oriented UM DSR can generate 15.74 hp at 7,500 rpm and 16.65 Nm at 5,500 rpm.

      11 July 2018

    • 3 Custom 650cc Bike Unveiled by Royal Enfield

      Lock Stock, Interceptor, and the Rohini are 3 custom 650cc bikes that Royal Enfield unveiled at the Wheels and Waves Show in France. These three bikes are part of the 650cc concept bikes that will be launched shortly.

      The bikes are built on a twin cylinder platform and their launch is highly anticipated. The bikes have been developed on the recently launched twin bikes – the Interceptor INT 650 and the Continental GT 650.

      The Lock Stock is a drag bike that is famous for its extended tube-type swingarm and low-slung design. The Rohini, designed by Young Guns Customs, is inspired by the Rohini satellites by the Indian space programmes. The Interceptor has been completely redesigned to resemble a flat-tracker.

      4 July 2018

    • Upgrade in Norms Might Cause Small Commuter Bike Prices to Hike

      As per the recent statements of a senior official of a motorcycle manufacturing company, the prices of commuter bikes might increase to become similar to premium bikes once the new regulatory and emission norms are put into effect. This can be owing to the fact that the two-wheeler industry is about to witnessing a few major changes such as introduction of Anti-Lock Braking System (ABS), modification in regulatory norms for all existing 125cc and above models, implementation of Bharat Stage VI in 2020, and pricing pressure on raw materials. These factors might lead the cost of 150-180cc bikes to become similar to that of 350cc bikes. As per the predictions of ICRA, the implementation of the BS IV norms alone might cause two-wheeler prices to hike by 20%. In order to be compliant with these norms, motorcycle manufacturers will have to make several upgrades such as new layout for fuel injection, air parts, and after-treatment of the bike. In addition, the installation of on-board diagnostic (OBD) systems will further increase the cost.

      27 June 2018

    • Women riders in Chandigarh will soon have to wear helmets

      Women who ride two-wheelers in the city of Chandigarh will need to compulsorily wear helmets now. The UT administration recently amended a particular regulation in the Chandigarh Motor Vehicle Rules, 1990. This action was taken in order to incorporate the instructions given by the Punjab and Haryana High Court. Currently, women riders can wear helmets only if they want to. Sikh women do not have to wear helmets due to religious reasons. The decision regarding compulsory use of helmets for women riders has been made due to the increasing number of accidents and fatalities.

      10 May 2018

    • ABS soon to be compulsory for two-wheelers

      Two-wheelers in India will soon need anti-lock braking system (ABS) or combined braking system (CBS) compulsorily. Every two-wheeler model that is released in the country from April 2018 will mandatorily need to have these systems in all their bikes. This particular regulation was introduced by the Ministry of Road Transport and Highways. The regulation will be brought into effect by RTOs in different states. Two-wheeler models with an engine capacity of higher than 125 cc should have ABS and two-wheelers with a capacity lower than 125 cc should have a combined braking system (CBS).

      4 May 2018

    • Suzuki Announces the Launch of the Much-Awaited GSX-S750

      Suzuki Motorcycle India has recently announced that it will soon introduce its first sub-1,000cc motorcycle in India - GSX-S750. With an ex-showroom price of a whopping Rs.7.45 lakh in New Delhi, the bike will be the first new product to be launched by the company during the current financial year. The Suzuki GSX-S750 features aggressive styling and comfortable ergonomics along with a powerful engine to make it one of the best-in-class bikes. Outfitted with a 749cc 4-cylinder, fuel-injection engine that is capable of generating a maximum power of 84 kW at 10,500 rpm and a peak torque of 81 Nm at 9,000 rpm. In addition to Anti-lock Braking System, the traction control system of the motorcycle can operate in 3 modes to offer outstanding control over the engine by preventing the spinning of the rear wheel.

      30 April 2018

    • Bookings for Norton Commando 961 is now open at dealerships

      The Norton Commando 961 is the British bike maker Norton’s first offering in India and will be launched soon in the market. The bookings for the motorcycle is now open at Motoroyale dealerships in the country with some dealers asking for half the price of the bike as a token amount while some are accepting the bookings for a Rs.2 lakh token amount. The Commando 961 belongs to the genre of cafe racer and is likely to be priced at Rs.23.40 lakh (ex-showroom). The bike is a modern-classic offering and is powered by a 961 cc, fuel-injected, air-cooled, parallel twin engine. The engine churns out 77 bhp power and has a peak torque of 80 nm. The price of the Commando 961 makes it compete with the likes of the Ducati Monster 1200S and MV Augusta Brutale 1090 RR.

      19 April 2018

    • Bookings for Ducati Panigale V4 start again

      Ducati, leading Italian bike manufacturer, recently restarted its sales for its bike model known as Ducati Panigale V4. When this bike was released in India in the month of January 2018, the bikes got sold out very quickly and only 20 units of this model were manufactured for the first time. This bike is available in 2 variants and they include V4 and V4S. The original price of the V4 model was Rs.20.53 lakh and the price of the V4S model was Rs.25.29 lakh. This is the first Ducati bike to have a 4-cylinder engine.

      9 April 2018

    Essential Two Wheeler Loan Pages
    Two Wheeler Loan by Banks
    Two Wheeler Loan Articles

    Customer Reviews

  • Page 1 of 50 1 2 3 4 5
    • review Two Wheeler Loan
      "Good service"
      BAJAJ FINSERV
      0.5 3.0/5 "Satisfactory"
      It had been a good experience in getting this two wheeler loan where the process in getting the loan had been simple and smooth. The loan amount which they had provided has been good and the interest rate with them had been average and nominal when compared with the market rate. Their customer support had been good during the time of the process.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jul 20, 2018
    • HDFC Bank Two Wheeler Loan
      "Not satisfied"
      HDFC BANK
      0.5 1.0/5 "Really Bad"
      I have taken a two wheeler loan with HDFC bank and my experience was not up to the mark. The loan amount was for Rs 1.36 lakhs with nominal interest rate. The charges are very high and customer service was not satisfactory. The tenure period for this loan is 30 months.
      Was this review helpful? 2
      , bangalore
      Reviewed on Jul 18, 2018
    • HDFC Bank Two Wheeler Loan
      "Excellent Service"
      HDFC BANK
      0.5 4.0/5 "Great!"
      I had taken this loan for the purchase of my Scooty and the process in getting this loan had been smooth and easy. The loan amount which they had provided had been satisfactory and the interest rate has been average when compared with the market rate. I have already paid the first EMI already and the services has been hassle free.
      Was this review helpful? 2
      , kolkata
      Reviewed on Jul 18, 2018
    • L&T Finance Two Wheeler Loan
      "Good service"
      L&T FINANCE LIMITED
      0.5 4.0/5 "Great!"
      I have taken a two wheeler loan with L& T and my loan experience was good, the loan amount was for Rs 50000 with nominal interest rate when compared to others in the market. Customer service was good, they followed up on time and the tenure period is 24 months.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jul 18, 2018
    • review Two Wheeler Loan
      "Average service"
      INDUSIND BANK LTD
      0.5 3.0/5 "Satisfactory"
      I have taken a two wheeler loan with IndusInd bank and my loan experience was good, the loan amount was for Rs 45000 with nominal interest when compared to others. Customer service was good and they followed up on time. The tenure period is 12 months and the only issue i found in this bank is, they do not give offer like credit cards.
      Was this review helpful? 0
      , chennai
      Reviewed on Jul 18, 2018
    • review Two Wheeler Loan
      "Good Service"
      INDUSIND BANK LTD
      0.5 5.0/5 "Blown Away!"
      I took a bike loan from the IndusInd bank, The interest rate is very low. I applied at the branch. The whole application and the documentation was easy and hassle free. I never faced any issues during the application. It is a recommendable provider for bike loans.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jul 17, 2018
    • HDFC Bank Two Wheeler Loan
      "Good experience"
      HDFC BANK
      0.5 4.5/5 "Excellent!"
      My two wheeler loan was taken with HDFC Bank 2 months back. The loan amount was 50,000 and the interest rate was very good . The tenure period was very satisfactory. The tenure period was 18 months. The customer service and responsiveness was up to the mark. They have sanctioned the loan with the committed time.
      Was this review helpful? 0
      , jaipur
      Reviewed on Jul 17, 2018
    • review Two Wheeler Loan
      "Not satisfied"
      BAJAJ FINSERV
      0.5 1.0/5 "Really Bad"
      My two Wheeler loan was taken with BAJAJ 4 years back. The loan amount was 50,000 and the interest rate was very high .The tuner period was 3 years . I felt that there is no transparency in the process and they did not give the documents after disbursement. I can pay the amount through the website which is very convenient and i am expecting the same potion from other banks also but i a not satisfied with the customer service and responses here.
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Jul 14, 2018
    • HDFC Bank Two Wheeler Loan
      "Average service"
      HDFC BANK
      0.5 3.0/5 "Satisfactory"
      It was an average experience with HDFC bank for two wheeler loan, the loan amount was for Rs 1 lakh with nominal interest rate. I paid an amount of Rs 35000 as a down payment and i have to pay an EMI of Rs 3052 for 3 years. Customer service was not up to the mark and their response was delayed.
      Was this review helpful? 4
      , kolkata
      Reviewed on Jul 13, 2018
    • HDFC Bank Two Wheeler Loan
      "The interest rate is high"
      HDFC BANK
      0.5 3.0/5 "Satisfactory"
      I took a bike loan from the HDFC bank, the loan was approved and process din no time. The loan amount was 50000 and the interest was high when comparing with other banks in the market. The whole loan application process was easy as a breeze.
      Was this review helpful? 1
      , chennai
      Reviewed on Jul 13, 2018
    • HDFC Bank Two Wheeler Loan
      "Good service"
      HDFC BANK
      0.5 4.0/5 "Great!"
      The experience with them had been very good and the loan amount which they had provided had been very good. The interest rate with them had been average and their customer support had been helpful and they had been responsive. They had helped to make the process easy and simple.
      Was this review helpful? 0
      , jaipur
      Reviewed on Jul 12, 2018
    • HDFC Bank Two Wheeler Loan
      "Very Good Service"
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      I have taken this loan a very long time back and it had been a very good experience with them. I have closed this loan now, the interest rate with them had been very low and they had provided me with a loan amount of 75 thousand. Their customer support and the staffs where prompt in their response and there has not been any hassle faced with their service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 12, 2018
    • HDFC Bank Two Wheeler Loan
      "Very Good Service"
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      It had been a very good experience with them and the process in getting the loan had been simple and smooth. The loan amount which they had provided had been satisfactory and the interest rate with then also had been good where it was 11.5%. Their customer support and the staff response of them also had been very good.
      Was this review helpful? 2
      , bangalore
      Reviewed on Jul 12, 2018
    • review Two Wheeler Loan
      "Excellent"
      INDUSIND BANK LTD
      0.5 5.0/5 "Blown Away!"
      I have taken my two wheeler loan with INDUSIND Bank 2 years back. The loan amount was 1.20,000 and the interest rate was very satisfactory . The tenure period was 2 years . The process was very easy and the staffs were every helpful. I have not faced any issues with the service here and the loan was approved on time here.,
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2018
    • review Two Wheeler Loan
      "Average service"
      BAJAJ FINSERV
      0.5 3.0/5 "Satisfactory"
      I have taken a two wheeler loan with Bajaj Finserv and my loan experience was good, the loan amount was for Rs 50000 with nominal interest rate which is 12%. Customer service was fine and their response was good. The tenure period for this loan is 18 months.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jul 11, 2018
    • Shriram City Two Wheeler Loan
      "Good service"
      SHRIRAM CITY UNION FINANCE
      0.5 5.0/5 "Blown Away!"
      My two wheeler loan was taken with SRI RAM 2 years back. The loan amount was 59,000 and the interest rate was bit high than other banks and the tenure period was 2 years . The customer service and responses was good. The process was very easy and smooth .The processing fee was also nominal. I had very hassle free documentation process.
      Was this review helpful? 1
      , chennai
      Reviewed on Jul 11, 2018
    • ICICI Two Wheeler Loan
      "Good service"
      ICICI BANK
      0.5 4.0/5 "Great!"
      I have taken a two wheeler loan with ICICI bank and my experience was good, the loan amount was for Rs 40000 with nominal interest rate when compared to other banks. Customer service was good and they followed up on time. I have to pay an EMI for 36 months.
      Was this review helpful? 0
      , lucknow
      Reviewed on Jul 10, 2018
    • HDFC Bank Two Wheeler Loan
      "Good Service"
      HDFC BANK
      0.5 4.0/5 "Great!"
      I took a bike loan from the HDFC bank for 60000. The interest rate was high, I ended up in paying almost 80000 to close the loan. The EMI was paid via ECS. The application process was really easy I got the loan quickly. They should seriously consider reducing the interest rates with the bike loan.
      Was this review helpful? 0
      , chennai
      Reviewed on Jul 06, 2018
    • HDFC Bank Two Wheeler Loan
      "Good service"
      HDFC BANK
      0.5 4.5/5 "Excellent!"
      It had been a very good experience with them and the process in getting the loan had been smooth and easy and the loan amount has been sufficient and satisfactory. I had taken this loan a very long time back, the interest rate has not been that high during that time.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jul 06, 2018
    • HDFC Bank Two Wheeler Loan
      "Good service"
      HDFC BANK
      0.5 3.5/5 "Pretty good"
      I have taken a two wheeler loan with Hero Fincorp and my loan experience was good, the loan amount was for Rs 38000 with 12% interest rate which is nominal rate. Documents were collected on time and the customer service was good. The tenure for this loan is 30 months.
      Was this review helpful? 0
      , amravati
      Reviewed on Jul 06, 2018
    Common Loader Icon
    Page 1 of 50 1 2 3 4 5
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.